The latest ISDA SwapsInfo Quarterly Review shows that trading volumes for interest rate derivatives (IRD) and credit derivatives both increased during the first half of 2020 compared with the first half of 2019.

Key highlights for the first half of 2020 include:

• IRD traded notional increased by 4.3% to $143.9 trillion from $138.0 trillion in the first half of 2019. Trade count grew by 19.4% to 893.0 thousand from 747.6 thousand over the same period.
• Cleared IRD transactions represented 91.1% of total traded notional and 84.8% of total trade count.
• SEF-traded IRD represented 58.2% of total traded notional and 63.6% of total trade count.
• Credit derivatives traded notional increased by 40.6% to $6.1 trillion from $4.4 trillion in the first half of 2019. Trade count grew by 38.5% to 169.0 thousand from 122.0 thousand over the same period.
• Cleared credit derivatives transactions represented 83.0% of total traded notional and 82.6% of total trade count.
• SEF-traded credit derivatives represented 79.4% of total traded notional and 79.5% of total trade count.

Click on the PDFs below to read the summary and/or full report.